Target Ratios and Metrics

Market cap in millions BRL. Fiscal year is March - February.

Millions BRL. Fiscal year is Mar - Feb.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022	Jan '21 Jan 30, 2021
Market Capitalization	264,384	369,117	333,592	394,970	562,806	496,502
Market Cap Growth	-21.55%	10.65%	-15.54%	-29.82%	13.35%	106.66%
Enterprise Value	349,814	465,018	421,169	488,984	615,335	545,805
Last Close Price	598.81	778.16	689.43	801.58	1065.91	902.66
PE Ratio	13.06	15.45	16.23	27.90	15.02	20.77
PS Ratio	0.47	0.59	0.63	0.71	0.98	0.97
PB Ratio	3.17	4.31	5.00	6.91	8.13	6.28
P/TBV Ratio	3.17	4.50	5.25	7.33	8.57	6.59
P/FCF Ratio	16.34	14.12	17.61	-	20.53	11.52
P/OCF Ratio	7.26	8.58	7.79	19.31	12.09	8.62
EV/Sales Ratio	0.65	0.75	0.79	0.88	1.08	1.07
EV/EBITDA Ratio	7.78	9.13	9.75	14.42	9.74	10.97
EV/EBIT Ratio	13.72	13.87	14.37	24.25	12.58	15.09
EV/FCF Ratio	21.61	17.79	22.23	-	22.44	12.66
Debt / Equity Ratio	1.32	1.36	1.46	1.71	1.28	1.05
Debt / EBITDA Ratio	2.34	2.13	2.13	2.69	1.36	1.61
Debt / FCF Ratio	6.80	4.44	5.15	-	3.24	1.92
Net Debt / Equity Ratio	1.07	1.03	1.18	1.51	0.82	0.46
Net Debt / EBITDA Ratio	2.06	1.73	1.82	2.54	0.90	0.73
Net Debt / FCF Ratio	5.53	3.38	4.15	-11.21	2.07	0.84
Asset Turnover	1.78	1.88	1.98	2.04	2.02	1.99
Inventory Turnover	5.05	6.21	6.13	6.01	6.11	6.74
Quick Ratio	0.18	0.30	0.27	0.20	0.34	0.48
Current Ratio	0.98	0.94	0.91	0.92	0.99	1.03
Return on Equity (ROE)	25.09%	29.12%	33.55%	23.11%	50.95%	33.25%
Return on Assets (ROA)	5.24%	6.34%	6.78%	4.62%	10.78%	8.79%
Return on Invested Capital (ROIC)	12.08%	15.11%	16.05%	12.50%	31.83%	23.53%
Return on Capital Employed (ROCE)	12.80%	15.50%	16.40%	11.70%	28.30%	21.20%
Earnings Yield	7.66%	6.47%	6.16%	3.58%	6.66%	4.81%
FCF Yield	6.12%	7.08%	5.68%	-1.95%	4.87%	8.68%
Dividend Yield	2.73%	3.33%	3.14%	2.52%	1.60%	1.63%
Payout Ratio	54.48%	50.01%	48.60%	66.04%	22.29%	30.75%
Buyback Yield / Dilution	1.42%	0.22%	0.41%	5.68%	2.51%	1.98%
Total Shareholder Return	4.15%	3.55%	3.55%	8.20%	4.11%	3.60%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.